Remove Disruption Remove LEAN Remove Marketing Remove Product Development
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Using Lean Innovation in the Product Development and Commercialization Process

Moves the Needle

Companies that successfully bring new products to market rapidly, benefit from having a leg up on their competition while diminishing the negative effects of shrinking product life cycles. However, moving a product from lab to market is a process that in itself could use re-invention. What is Commercialization?

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What Did the Pandemic Teach Us About New Product Development?

Planview

In this post, you will find questions and answers from an incredibly timely and informative webinar that provided crucial new product development best practices based on lessons learned from the pandemic. After the presentation, to our happy surprise, attendees posed a ton of questions to the panel.

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What is Lean Innovation? Components and Examples

Moves the Needle

Lean Innovation Definition At Moves The Needle, we define lean innovation as “reducing waste in the discovery, creation, and delivering of new value to customers." We base Lean Innovation principles upon the 3 E’s of Lean Innovation : Empathy, Experiments and Evidence. Where design thinking ends, Lean Startup begins.

LEAN 105
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Digital Transformations Are Crucial to Optimizing Innovation Value

Planview

According to a Boston Consulting Group report, companies prioritizing innovation—arriving first to market with new and relevant ideas—outperform the MSCI World Index on shareholder return by 3.3 This digitally transformative process now sets the stage for a more seamless product development process. percentage points per year.

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Rapid Experimentation: The Fast Track to Overcoming Uncertainty

Moves the Needle

However, the rise of Lean Startup methodologies, popularized by Eric Ries in his book “The Lean Startup,” brought rapid experimentation to the forefront. Ries’s emphasis on Minimum Viable Products (MVPs) sparked a paradigm shift. Ries’s emphasis on Minimum Viable Products (MVPs) sparked a paradigm shift.

LEAN 52
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Innovation - fast and slow, for the right reasons

Jeffrey Phillips

These words include adjectives such as "lean", "agile" and "rapid", to make the point that innovation should be stripped to its bare components, move as fast as possible and create minimum viable solutions. Risk avoidance and current revenue are often more important than potential profitable products and services.

LEAN 147
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15 most important Innovation Theories your company should be using

Idea to Value

When should it be used: Any organisation that wants to enable their staff who have an idea to “try it out” or do an initial market experiment. Suggested viewing: 12 – Disruptive Innovation. Most startups state that their aim is to be disruptive or to disrupt a specific industry.

Company 248